What to buy in 2025? Analyst: These 3 coins will revive this year and are expected to continue with a big pump next year.

2024 Encryption Currency Market Review: Old Coin Revival

In 2024, the encryption currency market experienced a stunning recovery, with the overall market value soaring from $1.8 trillion in January to $3.9 trillion in mid-December.

This wave of gains is mainly led by Bitcoin, with a surge of up to 160% since the beginning of the year. The strong upward trend has also revitalized many encryption currencies that were once stagnant or underperforming.

Foreign media Cointelegraph today (12/26) shared three outstanding old projects this year, including the dogecoin ($DOGE) loved by Musk, ripple ($XRP) that benefited from the election and regulation, and the so-called efficient old project Hendera ($HBAR).

Analysts are optimistic about the performance of these 3 currencies in 2025.

Dogecoin once again becomes the "ace"

The well-known meme coin Dogecoin ($DOGE) saw a remarkable rebound in 2024, skyrocketing over 350% from its low point of $0.081 in January to a high of $0.466.

The surge behind this wave has many bullish reasons, including political, technical, and cultural news.

The result of the 2024 US presidential election seems to play a crucial role, with Trump about to take office. The encryption-friendly government led by him represents a major shift in the attitude of encryption regulation in the United States.

During the campaign, Trump's revelations of embracing blockchain innovation and appointing Musk as co-chair of the Department of Government Efficiency (DOGE) sparked widespread media attention and market optimism.

Anonymous analyst Mikybull said that the current trend of Dogecoin is similar to the previous bull market cycle, when the coin experienced a surge of nearly 7,000%.

Prominent encryption currency trader Javon Marks holds a similar view and predicts that if the upward trend continues next year, Dogecoin could rise to $3 or higher, setting a new historical high.

Image source: CoinMarketCapCoinMarketCap data: Dogecoin's year-to-date increase reaches 251%

Ripple coin ($XRP) rides the wave of regulation, accumulating a 350% increase

Ripple ($XRP) also turned in an excellent report card in 2024, with a surge of more than 350% since the November US election, claiming the third spot in market value among encryption currencies, surpassing Tether ($USDT) and Solana ($SOL).

$XRP's upward momentum has been driven by many bullish news, including optimistic regulatory prospects, the launch of strategic products, and strong technical momentum.

In addition, Judge Analisa Torres in the United States ruled that the sale of $XRP on public exchanges does not constitute a securities judgment, which also brings a turning point for Ripple and the entire encryption industry in terms of regulation.

Well-known trader DonAlt accurately predicted the rise of $XRP in November. He further stated that if it breaks through $2.60, it may trigger a new wave of upward momentum, and the price is expected to double.

And analyst EGRAG has made a bold prediction that if Ripple company achieves its long-term goal, $XRP could rise to the range of 8.77 to 17.54 dollars.

Source: CoinMarketCap CoinMarketCap data: Ripple's price has risen 260% this year.

Hedera ($HBAR) returns to the top 25 market capitalization

Hedera ($HBAR) has recently risen and its position in the DeFi market is becoming increasingly prominent. In just the period from November to December, $HBAR has risen by more than 800%, and it has maintained an impressive growth trend throughout 2024.

"Cointelegraph" pointed out that one of the most noteworthy developments of Hedera is the possible listing of spot HBAR ETF, Valour Funds has applied for physical collateral products to the European Euronext exchange. At the same time, Canary Capital has applied for a US $HBAR spot ETF, which has also raised high market expectations.

$HBAR's Total Value Locked (TVL) in the ecosystem has also seen significant growth, soaring from $53 million in January to nearly $200 million in December, mainly due to the contributions of platforms such as Stader, SaucerSwap, and Bonzo Finance in the ecosystem.

Image source: CoinMarketCapCoinMarketCap data: Hedera ($HBAR) has seen a 239% increase in value this year

What to buy in 2025? Analyst: These three coins have come back to life this year and are expected to continue to soar next year. This article was first published in 'encryption city'.